FEOVF (Oceanic Iron Ore) Gross Margin %: 0.00% (As of Mar. 2026)


FEOVF Oceanic Iron Ore Corp FEOVF
24 GF Score
Price $0.50
! 2 Warning Signs
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What is Oceanic Iron Ore Gross Margin %?

Oceanic Iron Ore FEOVF +1.73% 24 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates FEOVF with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 729 Metals & Mining companies, Oceanic Iron Ore ranks worse than 137174.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Oceanic Iron Ore's Gross Profit for the three months ended in Mar. 2026 was $0.00 Mil. Oceanic Iron Ore's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Oceanic Iron Ore's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Oceanic Iron Ore's Gross Margin % or its related term are showing as below:


FEOVF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.2
* Ranked among companies with meaningful Gross Margin % only.

Oceanic Iron Ore had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oceanic Iron Ore was 0.00% per year.


Oceanic Iron Ore  (OTCPK:FEOVF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Oceanic Iron Ore had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Oceanic Iron Ore Gross Margin % Related Terms


Oceanic Iron Ore Gross Margin % Historical Data

* Premium members only.

The historical data trend for Oceanic Iron Ore's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oceanic Iron Ore Gross Margin % Chart

Oceanic Iron Ore Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Oceanic Iron Ore Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Oceanic Iron Ore Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oceanic Iron Ore Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oceanic Iron Ore's Gross Margin % falls into.


FEOVF
24GF Score
Oceanic Iron Ore Corp FEOVF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceanic Iron Ore Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Oceanic Iron Ore's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Oceanic Iron Ore's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Oceanic Iron Ore (FEOVF) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Oceanic Iron Ore and its competitors. According to the industry distribution chart, Oceanic Iron Ore ranks #999999 out of 729 companies in the Metals & Mining industry.
Is Oceanic Iron Ore's Gross Margin % too high?
Oceanic Iron Ore's current Gross Margin % is 0.00%. Based on the distribution chart, Oceanic Iron Ore ranks #999999 out of 729 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Oceanic Iron Ore has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Oceanic Iron Ore's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Oceanic Iron Ore ranks #999999 out of 729 companies for Gross Margin %. This places Oceanic Iron Ore in the lower half of its industry. The industry median Gross Margin % is 26.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Oceanic Iron Ore and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanic Iron Ore's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Iron Ore stock overvalued right now?
Oceanic Iron Ore (FEOVF) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Oceanic Iron Ore's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Oceanic Iron Ore (FEOVF), the current Gross Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oceanic Iron Ore Business Description

Other Exchanges FEO:Canada
Address 595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The Company operates as a single reportable segment, being the exploration of the Property.
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